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Lower Advertising Income Weighs Over News Corp’s Quarterly Results

by Trefis Team
News Corporation (NASDAQ:NWSA) witnessed a 3% drop in its Q4 fiscal 2014 revenues (fiscal year ends with June). News and information services revenues declined by 6% amid lower advertising income. The company reported adjusted earnings of $0.01 ...
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Cree Collaborates With Lextar To Continue Its Growth Momentum In LED Lighting

by Trefis Team
Leading LED manufacturer  Cree (NASDAQ:CREE) made an investment of $83 million and entered into a supply agreement with Lextar Electronics Corporation for sapphire-based LED chips, last week. The companies also signed a royalty bearing license ag...
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Bristol-Myers Squibb Gets European Approval For HCV Drug Daklinza

by Trefis Team
Bristol-Myers Squibb (NYSE:BMY) has received European approval for its Hepatitis C drug Daklinza (daclatasvir). The drug is effective across several genotypes of diseases and has shown cure rates of up to 100% when used in combination with Gilead...
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Possible EU Investigation Add To Qualcomm’s Regulatory Problems

by Trefis Team
Qualcomm (NASDAQ:QCOM) occupies the top slot in the global mobile chipset market, which makes the company vulnerable to a rising number of allegations against it for abusing its market dominance and indulging in monopolistic practices. It is alre...
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Abercrombie & Fitch Slips Again; Plans To Remove Logo Products Altogether

by Trefis Team
Following a slight slowdown in its revenue decline in Q1 fiscal 2014,  Abercrombie & Fitch ‘s (NYSE:ANF) net sales fell by 6% in the second quarter, as it recorded its 10th straight quarter of comparable sales decline. The retailer̵...
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Starbucks To Enter Into New Beverage Segments With Teavana & Fizzio Brands

by Trefis Team
The American global coffee company, Starbucks Corporation (NASDAQ: SBUX) is one of the most recognized coffee brands in the world. The company has created strong brand awareness in major markets over the last decade. It currently has 20,863 store...
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Increased Portion Pack Prices By Keurig Green Mountain Might Not Affect Consumer Consumption Rate

by Trefis Team
On August 14, the Vermont based K-Cups maker, Keurig Green Mountain (NASDAQ:GMCR) announced that it is raising prices by nearly 9% on all its single-serve portion packs and other traditional bagged, fractional packs and bulk coffee products, with...
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Guess Cuts Outlook On Weak Traffic; To Close 50 Stores In North America

by Trefis Team
Guess ‘s (NYSE:GES) shares slumped by almost 8% after it reported a 45% decrease in its Q2 fiscal 2015 earnings and slashed its third quarter and full year guidance.  Accounting for the disappointment are weak product performance and soft t...
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Stalling Cadillac Sales Is Bad News For GM

by Trefis Team
Profits in the auto sector are set to fall. The reasons behind this are the following Used car sales in the U.S., the second largest car market in the world, are on the rise. Since, these cars sell for low prices, automakers are being forced to...
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Solid Long Term Demand For Commercial Airplanes Will Drive Boeing’s Results

by Trefis Team
Steadily growing global economy, increasing trade and liberalization, and an expanding global labor force are growing demand for air travel. Over the last few years, driven by these trends, global airline passenger traffic has risen strongly, and...
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A Closer Look At Silver Wheaton’s Streaming Agreement For The Rosemont Mine

by Trefis Team
Silver Wheaton (NYSE:SLW) is a precious metals streaming company which signs long term purchase agreements with mining companies producing silver or gold as a by-product. It provides funds for capital expenditure upfront when a project is being d...
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Cloud-Based products To Drive ADP’s Growth Post Dealer Services Spin Off

by Trefis Team
Automatic Data Processing (NASDAQ:ADP) stands to lose out on 15-16% of its revenues post the spin-off of its Dealer Services segment in October 2014. Investors have been concerned about how the company intends to recover the loss of revenue and c...
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Growing End-Markets Will Support Sales Of 3M’s Health Care Products

by Trefis Team
3M’s (NYSE:MMM) Health Care segment accounted for 17% of its revenues in 2013 and the first half of 2014. The segment offers stability and growth to 3M’s revenues since it is one of the more defensive sectors. People cannot avoid spending on heal...
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Ralph Lauren Betting On High End Luxury and Direct-To-Consumer Model To Boost Its Margins

by Trefis Team
Luxury lifestyle company Ralph Lauren (NYSE:RL) has seen its stock fall by about 10% on a year-to-date basis. The fall can be mostly be attributed to the decline in operating margins in the previous quarters. In the recently concluded quarter, op...
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Daimler-BYD Start Production Of The Electric Vehicle Denza In China

by Trefis Team
China has introduced new incentives and subsidies for electric vehicle owners, as the country looks to reduce pollution, curb dependence on fuel and adopt more environmentally-friendly means of automotive development. Demand for electrically powe...
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